The shock of Britain’s vote to leave the European Union has German carmakers scrambling. Not only is Britain their number one export market, last year, British buyers spent €22 billion …
In this featured article from Scientific American, Stefan Theil, Newsweek’s Berlin Bureau Chief and regular AGI contributor, examines how Germany is able to maintain a strong manufacturing sector, and thus a relatively strong …
In his essay Is Europe’s Troubled Marriage Doomed?, Stefan Theil, Newsweek’s Berlin Bureau Chief and AICGS contributor, analyzes the effects of the divide between Europe’s states to the north and those to south on the ongoing debt crisis. By also explaining the euro zone crisis in an American context, he looks to build an understanding of how the crisis started, as well as what it could mean for the feeble U.S. economic recovery.
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As euro zone governments quietly work on a proposal to relieve Greek bond debt, a much louder debate over the future of the euro zone has come about across Europe. The following several articles focus on the debate and show the range of opinions regarding the future of the euro zone.
Germany has become the object of Europe’s resentment, writes Stefan Theil, Newsweek correspondent and a regular contributor to the Advisor, mostly because the weak euro has meant a strong German. But at the same time, Theil argues, Germans are starting to feel some disillusionment with supporting some fellow euro zone members, a growing attitude that will eventually force action – action that Germany will likely lead. This essay originally appeared in the January 23, 2011, edition of Newsweek.